Constructed in 1902, this building was one of the first office buildings in downtown Raleigh and was originally home to the Carolina Trust Bank. It adjoins the Mahler Building, which, together in their former prime, housed among other businesses a jewelry store, optical shop, McLellan's, and then McCrory's discount department store, a tailor's shop, and an engineering firm. The top floors of the Carolina Trust Building were sealed off in something of a time capsule since the 1950s. Classical Revival detail, high ceilings, hardwood floors, original woodwork, large windows that allow for ample natural light, and a grand staircase between the third and fourth floors all give glimpses into the building’s historic character.

The Carolina Trust Building and its abutting neighbor buildings in this historic row of properties span the entire city block between Fayetteville and Salisbury streets, allowing for a unique opportunity in downtown Raleigh for business entrances from both city-center streets.

In 2000, the façade of the Carolina Trust Building was renovated, and the storefront was rebuilt. Further renovations to this property will retain and revitalize its historic qualities, while adapting it for reuse by new, enterprising businesses that desire to operate in the heart of the city.